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ARTICLE 29

Termination

This Agreement shall remain in force indefinitely but either of the Contracting States may, on or before the thirtieth day of June in any calendar year beginning after the expiration of a period of five years from the date of its entry into force, give the other Contracting State through diplomatic channels, written notice of termination and, in such event, this Agreement shall cease to have effect:

  • (a) in India, in respect of income arising in any previous year beginning on or after the 1st day of April next following the calendar year in which the notice is given;
  • (b) in Czechoslovakia, in respect of income arising in any year of income beginning on or after the 1st day of January next following the calendar year in which the notice of termination is given.

IN WITNESS WHEREOF, the undersigned, being duly authorised thereto, have signed the present Agreement.

DONE in duplicate at New Delhi this twenty-seventh day of January 1986 in the English language.

FOR THE GOVERNMENT OF INDIA:

VISHWANATH PRATAP SINGH

FINANCE MINISTER

FOR THE GOVERNMENT OF THE CZECHOSLOVAK SOCIALIST REPUBLIC:

ING. JAROMIR ZAK

FINANCE MINISTER